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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SEKCHF
Open High Low SEKCHF Price Change
10.18800 10.23150 10.17750 10.17845 -0.00955
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term up The long term trend has been UP since Nov 7th, 2019 at 10.363

intermediate term down The intermediate term trend has been DOWN since Dec 31st, 2019 at 10.330

short term up The short term trend has been UP since Jan 22nd, 2020 at 10.193

Smart Scan Analysis for SEKCHF

Based on a pre-defined weighted trend formula for chart analysis, SEKCHF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.18800 10.23150 10.17750 10.17845 -0.00955
Prev. Close Volume Bid Ask Time
10.18800 10.17630 10.18060 2020-01-22 10:10:25
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